$399,000
Active3401 Palm Dr, Punta Gorda, FL 33950
4 beds Β· 4 baths Β· 1,928 sq ft
Listing courtesy of 10 STARS PROPERTY MANAGEMENT LLC Β· MLS# TB8555249
1 day on market
Refreshed from the Stellar MLS feed . This listingβs MLS record last changed .
About this home
INVESTMENT OPPORTUNITY IN PUNTA GORDA! This four-unit property offers investors the opportunity to acquire a cash-flowing multifamily asset with 3 of the 4 units currently occupied, providing immediate rental income with additional upside through lease-up of the remaining unit. Whether you're looking to expand your portfolio, generate ongoing income, or position yourself for long-term appreciation, this property offers multiple paths to value creation. Located in Punta Gorda, a growing Southwest Florida community known for its waterfront lifestyle, historic downtown, boating, dining, and convenient access to I-75, the property is well positioned to benefit from continued demand throughout Charlotte County. With three units already occupied, an investor can step into an income-producing property today while having the opportunity to increase overall revenue by filling the vacant unit and optimizing rents over time. Punta Gorda has also continued to see investment and redevelopment activity, adding to the area's long-term appeal for real estate investors. Buy for the cash flow today, while positioning yourself for potential long-term appreciation tomorrow. This is an opportunity to acquire an income-producing multifamily property in an established Southwest Florida market with room to increase income and build equity over time.
Facts
- Property type
- Quadruplex
- Year built
- 1978
- Living area
- 1,928 sqft
- Lot size
- 0.33 acres
- Private pool
- No
- Flood zone
- AE
- CDD
- No
- 55+ community
- No
- Annual taxes
- $3,071/yr
- Listed
- 2026-10-05
- MLS #
- TB8555249
Virtual tour
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Estimate the monthly payment
Estimate by Lasbury Tracy Realty β not a loan offerStarting figures for 3401 PALM DR. Everything below is editable.
AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.
From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ β Florida reassesses on sale and homestead caps reset.
Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.
Starts at $0Deliberately zero until you enter a figure β we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.
Include condo, HOA, and master-association dues. CDD assessments usually arrive on the tax bill instead.
AssumptionNot applied β your down payment is 20% or more.
Estimated total monthly payment
$2,606
$2,018 of that is principal & interest. 23% is taxes, insurance and fees β which is why those inputs matter more here than the rate does.
- Principal & interest
- $2,018
- Property taxes
- $256
- Homeowners insurance
- $333
- Flood insurance
- $0
- HOA / condo fees
- $0
- Mortgage insurance (PMI)
- $0
- Total per month
- $2,606
Over the life of the loan
- Loan amount
- $319,200
- Down payment
- $79,800
- Total interest
- $407,122
- Principal + interest paid
- $726,322
- Paid off in
- 2056
Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.
Calculated on this page from the figures above β nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.
Take a tour
Pick a day that suits you β a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.
3401 Palm Dr, Punta Gorda, FL 33950
Listing courtesy of 10 STARS PROPERTY MANAGEMENT LLC Β· MLS# TB8555249 Β· Active
Where this home is
Opens on aerial β on this coast the canal, the lot and the neighbours answer more questions than a street grid does.



